Fortuna Silver (FVITF)

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High grade mine found in the Caylloma Mine in South Peru


On 23rd sept, Fortuna Silver Mines Inc. reported that underground exploration and development on the Soledad and Silvia veins at its Caylloma Mine located in southern Peru has confirmed high-grade silver mineralization.

- Systematic channel sampling at 2m intervals along the strike of the Soledad vein returned grades averaging 2,259 g/t Ag, 3.76 g/t Au, 0.94% Pb, 1.47% Zn and 0.20% Cu over the initial 62m of the drift, with an average mineralized vein width of 0.70m.

- Locally, Bonanza style grades have been encountered during systematic channel sampling with grades ranging up to 52,224 g/t Ag and 104.76 g/t Au over a vein width of 0.55m.

Vertical continuity of the mineralization is currently being evaluated through the development of a chimney extending upward along the vein structure.

Just as a quick mental exercise (and I know it's only the vein intersection, but humour me a second, yeah?). How much is a metric tonne of rock that holds 1,775 oz of silver and 3.3 oz of gold worth right now?

1,775 X $13.14 = $23,323.50 3.3 X $890 = $2,937 Total = $26,260.50

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